Goldman Sachs Is Confused, Turned Off By Urban Outfitters' Denim Tutu
LatestA hilarious Goldman Sachs analysis of the outlook for hip youth clothing (and sometimes bedbug 🙁 ) purveyor Urban Outfitters revealed some concerning negative indicators for potential investors in the store’s parent company. Namely: denim tutus. Denim tutus! Have you ever heard as a thing as crazy as a denim tutu?
The problem, according to the report, is that the chain may be too edgy to sustain the sort of growth that would make the store’s parent company attractive to investors interested in cashing in on growth. For added argument support, the report included a picture taken of an actual item of clothing from an actual Urban Outfitters on Long Island along with text that noted the store might be too “aggressive and fashion-forward.”